PETER ATTARD MONTALTO: The chatter before a budget speech always gets it wrong
What matters are the credibility gaps, not the fiscal measures that the Treasury announces
We’ve been here so many times before. A crucial budget, big decisions, big announcements expected, reform, consolidation.
The public conversation around a budget event — let us not forget these have been going on twice a year for over 20 years — always seems to get it wrong...